JBIMS MBA admissions are based on MAH CET exam. Candidates who faced technical glitches and need to reappear for MAH_MBA/MMS-CET 2023 exam can take a re-examination on April 30, 2023.
JBIMS MBA admissions are based on MAH CET exam. Candidates who faced technical glitches and need to reappear for MAH_MBA/MMS-CET 2023 exam can take a re-examination on April 30, 2023.
Jamnalal bajaj institute of management (JBIMS) is one of the oldest B-schools in India with a legacy of over 52 years. JBIMS was established in 1965 by the University of Mumbai. JBIMS has been consistently ranked among the top 10 premier B-Schools in India. JBIMS was ranked 10th by Outlook ICARE Ranking 2024 among the public B-Schools in India. JBIMS was the first institute in India to provide a full-time 2-year Master in Management Studies (MMS). The intake for the MMS program is around 150 – 160, where the majority of the seats are reserved for Maharashtra domicile candidates.
JBIMS MMS admission is based on the CMAT/ CAT/ MAH-MBA CET scores, followed by a Common Admission Process (CAP), conducted by DTE, Maharashtra. JBIMS CMAT cut-off is 99.99 percentile and MAH-MBA CET cutoff is 99.80 to 99.90 percentile.
JBIMS is known for its low fees and its distinguished alumni base. JBIMS MBA fees is INR 6.10 lakhs whereas the JBIMS average package stood at INR 27 LPA and JBIMS highest package stood at INR 87.12 LPA in the 2024 placement drive.
Table of Content
Events | Dates (Tentative) |
---|---|
MMS Last Date for Application Form | June 3, 2025 |
MMS Common Entrance Test & Group Discussion | June 8 - 9, 2025 |
MHRD Entrance Test (Offline at JBIMS Campus) | September 16, 2025 |
MHRD Entrance Test Result Declaration | September 22, 2025 |
MHRD In-person Assessment | September 30, 2025 - October 01, 2025 |
MHRD Commencement of Program (Tentative) | Mid October 2025 |
Read More |
JBIMS fees for MBA program is INR 3.05 Lakhs per annum. The following table represents the fees of all the courses offered by JBIMS:
Courses | Fees |
---|---|
MMS | INR 3.05 Lakhs per annum |
MSc Finance | INR 3 Lakhs per annum |
MHRD | INR 3.50 Lakhs per annum |
Ph.D. | INR 17,680 (First Year) and INR 15,355 (from Second Year onwards) |
JBIMS offers 5 courses, MMS, Part-time MMS, MSc Finance, MHRD, and Ph.D. The highlights of the major courses offered by the institute are mentioned below:
Courses | Intake | Eligibility | Selection Criteria |
---|---|---|---|
MMS | 150 - 160 | Bachelor’s degree + MAH-MBA CET/ CMAT/ CAT | Entrance Exam Score + CAP |
MHRD | 30 | Bachelor’s degree with 50% marks and 60% in 10th & 12th each + MAH CET/ CAT | Group Activity + Personal Interview + Written Ability Test |
MSc Finance | 40 | Graduation with Mathematics as one of the subjects and 60% in 10th & 12th each + MAH-CET/ CAT | CET & Profile Based Screening + WAT + GD + PI |
Part-time MMS |
MMS-IM: 60 MMS-FM: 120 MMS-MM: 120 MMS-HRDM: 60 |
Graduation and 2 years of work experience. | Mock Test + Common Entrance Test + Group Discussion |
PhD | 40 | Master’s degree + PET/ NET/ SET/ JRF | Entrance Exam Score + Personal Interview |
Quota | Sanctioned Seats |
---|---|
CAP Seats | 120 |
All-India | 18 |
NRIs/Foreign Nationals/PIOs Quota | 15 – 25 |
The admission into the JBIMS MMS program is based on the entrance exam like MAH-MBA CET/ CMAT/ CAT and the selection is done through a Common Admission Process (CAP).
The admission process for MMS program has been explained below:
Admission Stage | Description | Tentative Timeline |
---|---|---|
Application Form | The candidates should complete the application form by visiting the institute's official website. | Dec 26, 2024 – Jan 25, 2025 |
Entrance Exam | The candidates will have to clear the MAH-MBA CET examination. | March 09 – 11, 2025 |
Selection Process | The candidates will be selected through the Common Admission Process (CAP), which is held in July by the DTE Maharashtra. | May 2025 |
Result | The merit list of the selected candidates will be released and the provisional admission offer will be sent to the selected students. Separate merit lists will be produced for JBIMS Mumbai admission under the MAH and All India categories. | June 2025 |
JBIMS CAT cutoff and CMAT cutoff for its MMS program is 99.99 percentile for All India seats and MAHCET cutoff is 99.80 to 99.90 for state level seats. The cut-off for all the exams accepted by JBIMS are as follows:
Exams | Cut-off |
---|---|
CMAT | 99.99 |
CAT | 99.99 |
MAH-MBA CET | 99.88 – 99.90 |
The Maharashtra state (MAH-MBA/ MMS CET) cutoff 2023 for Round 1, Round 2, and Round 3 is as follows:
Category | Cutoff (Round 1) | Cutoff (Round 2) | Cutoff (Round 3) |
---|---|---|---|
General | 99.90 | 99.89 | 99.88 |
SC | 99.46 | 99.40 | Round 3 cutoff was not released for other categories. |
ST | 96.34 | 95.71 | |
OBC | 99.77 | 99.77 | |
EWS | 99.79 | 99.77 |
Particulars | Placement Statistics 2024 |
---|---|
Total Recruiters | 55 |
Students Placed | 140 |
Highest CTC | INR 87.12 LPA |
Average CTC | INR 27 LPA |
Top Recruiters | Accenture, Adani, Asian Paints, Axis Bank, Citibank, Cisco, HDFC Bank, McKinsey&Company, HCL, NPCL, etc. |
Particulars | Summer Internship Statistics (2022-24) |
---|---|
Highest Stipend | INR 7.93 Lakhs |
Average Stipend | INR 2.26 Lakhs |
Median Stipend | INR 2.14 Lakhs |
JBIMS has been ranked 19th by IIRF 2024 and 10th by Outlook Ranking 2024, among the top Government B-Schools in India. The ranking of JBIMS is mentioned in the table below:
Ranking Body | Year | Category | Rank |
---|---|---|---|
IIRF | 2024 | Top Govt. B-School | 19 |
Outlook ICARE Ranking | 2024 | Top Govt. B-School | 10 |
JBIMS, TISS and FMS are the top B-schools mainly known for providing the best ROI. Let’s compare the ROI of the 3 institutes.
Institute Name | Latest Total Fees | Latest Average Package | ROI |
---|---|---|---|
JBIMS | INR 6.1 Lakhs | INR 27 LPA | 459.3% |
TISS Mumbai | INR 1.85 Lakhs | INR 27.22 LPA | 1471.3% |
FMS Delhi | INR 2 Lakhs | INR 34.1 LPA | 1705.0% |
The table below shows the experience of the MMS batch 2022-24:
Months of Experience | Percentage of Students |
---|---|
Freshers | 35% |
1 – 12 Months | 20% |
13 – 24 Months | 26% |
25 – 36 Months | 10% |
36+ Months | 9% |
JBIMS scholarship details are as follows:
Scholarship Name | Details | Amount |
---|---|---|
Smt Jyoti Dwivedi Memorial Scholarship Awards |
Offered to 4 meritorious students who are facing financial difficulties during their studies. |
2 students receive core grant of INR 1,00,000 each towards the education fees. An additional ad hoc grant worth INR 50,000 each is given to 2 more students. |
These grants are given to bright students who face financial difficulties during their studies. The scholarship provides two deserving students with a core grant of Rs. 100,000 each towards their education fees. Additionally, in this edition, two additional ad hoc grants worth Rs 50,000 each were given thereby enabling four deserving students to fund their education and their dreams.
The campus area of JBIMS is not that big. It is a single red bricked building. The campus has a decent sized auditorium, classrooms, library, canteen and space for leisure activities and committee rooms. The classrooms is equipped with all the latest techology and is air-conditioned. The library of JBIMS is one of the best with a collection of around 4000 books and 1000 journals.
JBIMS doesn’t have any hostel of its own. Only top 25 students are provided accommodation on the merit basis in the Mumbai University hostel situated at Marine drive. Also these facilities are only for boys and girls have to find their own accomodation.
Life at JBIMS is hectic and pushes the students beyond their limits. The days at JBIMS are not tied down with a fixed timetable. The students receive the schedule for each day the night before. The days at JBIMS usually include guest lectures, company presentations, post-class discussions, and club activities.
Some of the distinguished alumni of JBIMS are as follows:
Name | MMS Batch | Designation |
---|---|---|
Mr Nitin Paranjape | 1987 | Chief Transformation and Chief People Officer at Unilever |
Mr Ram Raghavan | 1997 | President at Colgate Palmolive |
Mr. Manjeev Singh Puri | 1981 | Director at RBL Bank |
Ques. Does JBIMS accept CAT scores?
Ans. Yes, JBIMS does accept CAT scores for MMS admission but the seats based on CAT exam is very less campared to MAH-MBA CET.
Ques. What are the MBA fees in JBIMS?
Ans. The MBA fee at JBIMS is INR 6,10,000 for the 2-year program.
Ques. What is JBIMS known for?
Ans. JBIMS is known for its low fees and its distinguished alumni base.
Ques. Is there 100% placement in JBIMS?
Ans. In 2023 placement, JBIMS has recorded a 100% placement.
Ques. Being a final-year student, can I apply to JBIMS?
Ans. Yes, the candidates who are in the final year of their graduation can apply to JBIMS.
Ques. What are the specializations offered under the JBIMS MMS program?
Ans. JBIMS flagship full-time MMS Programme offers specializations under distinguished areas such as Marketing, Finance, Operations & SCM, Human Resources, and Systems & IT.
Ques. Is CET compulsory for JBIMS?
Ans. Yes, CET is compulsory for the Maharashtra domicile candidates to apply at JBIMS. The other state candidates can apply through their CMAT/ CAT scores.
Ques. What is the highest package in JBIMS?
Ans. In the 2024 placement drive, the highest package in JBIMS stood at INR 87.12 LPA.
Ques. What are the cut-off marks for JBIMS?
Ans. The MAHCET cutoff is expected to be 99.99 percentile for CMAT/ CAT and 99.80 to 99.90 for state level seat.
Ques. Which exams are accepted by JBIMS?
Ans. JBIMS accepts the MAH-CET exam for admission into MMS and MSc programs. JBIMS also accepts CAT for MSc Finance admission.
Ques. What is the average age of MBA students in JBIMS?
Ans. The average age of the MBA students in JBIMS is 24 years.
Ques. Is there any interview for JBIMS?
Ans. The JBIMS admissions are held through MAH-MBA CET followed by CAP conducted by DTE. The CAP process usually includes a written ability test, a group discussion, and a personal interview.
Ques. Which MBA is offered by JBIMS?
Ans. JBIMS offers a Master in Management Studies (MMS) and it is also available on a part-time basis.
Ques. What is the gender ratio of JBIMS?
Ans. There were 85% males and 15% females in the 2021-23 batch. So the male-to-female gender ratio is 5:1. In the 2022-24 batch, there are, 83% males and 17% females, so the male-to-female ratio is 4:1.
Ques. What is the average package of JBIMS?
Ans. In the 2024 placement drive, the average package at JBIMS was INR 27 LPA.
Ques. What is the intake capacity for MMS at JBIMS?
Ans. The intake capacity for the MMS program at JBIMS is 150 - 160. In the 2022-24 batch, there are a total of 159 students, whereas in the 2021-23 batch, there were 150 students.
Ques. How are placements in JBIMS?
Ans. In the 2024 placement drive at JBIMS, more than 55 recruiters visited the campus and 140 students were placed and 73 students received PPOs. JBIMS average package stood at INR 27 LPA and JBIMS highest package stood at INR 87.12 LPA.
Ques. How are summer placements in JBIMS?
Ans. In the summer placements for batch 2022-24, the highest stipend at INR 7.93 lakh, the average stipend stood at INR 2.26 lakh, and the median stipend stood at INR 2.14 lakh.
Ques. How to get into MSc Finance at JBIMS?
Ans. MSc Finance admission at JBIMS is based on MH-CET/ CAT scores, followed by a CET & Profile Based Screening, Written ability test, a Group discussion, and a Personal Interview.
Ques. What is the fee for MSc in Finance at JBIMS?
Ans. The fee for MSc Finance at JBIMS is INR 3,04,000 per annum.
Ques. What is MSc Finance in JBIMS?
Ans. MSc Finance is a 2-year full-time program, which is uniquely designed to shape future financial leaders.
Ques. What is the average package of MSc Finance in JBIMS?
Ans. The average package of JBIMS MSc Finance in 2023 was INR 21.36 LPA.
Ques. Who is eligible for MSc in Finance in JBIMS?
Ans. The candidates who have completed Graduation with Mathematics as one of the subjects are eligible to apply for MSc Finance at JBIMS.
Ques. How good is JBIMS for Finance?
Ans. In the 2023 placement drive at JBIMS, the MSc Finance students grabbed the highest package of INR 27 LPA and the top 20% of the students received a package of INR 25.18 LPA. The average package stood at INR 21.36 LPA and the median package stood at INR 21 LPA.
Ques. What are the job roles offered after MSc Finance in JBIMS?
Ans. The job roles offered to the JBIMS MSc Finance students are as follows:
Ques. Which entrance exam is accepted by JBIMS for Finance?
Ans. JBIMS accepts MH-CET and CAT exams for MSc Finance admission.
Ques. What is the highest package of MSc Finance at JBIMS?
Ans. In the 2023 placement drive, the highest package grabbed by the MSc Finance student is INR 27 LPA
Ques. Which is better MMS or MSc Finance at JBIMS?
Ans. MMS is a better option if an individual wants to gain knowledge in various areas of management and MSc Finance is a better option if an individual wants to pursue a career in finance.
Ques. What is the intake of MSc Finance at JBIMS?
Ans. The intake for MSc Finance at JBIMS is 40 students. But there were 27 students in the 2021-23 batch.
Ques. How is the summer placement for MSc Finance students at JBIMS?
Ans. The summer placement for the 2022-24 batch stood with the highest stipend of INR 2.5 lakh and the average stipend of INR 85,300 Lakhs.
Ques. What are the prominent companies that hire MSc Finance students for summer internships at JBIMS?
Ans. Some of the JBIMS prominent recruiters for MSc Finance include ALPHA, CEAT, Axis Finance, CREDIBLE, JM Financial, Vedanta, TARA, HDFC ERGO, ARITRAA, etc.
Ques. Does JBIMS provide hostel facilities?
Ans. JBIMS Mumbai hostel facilities are available only for the top 25% of students who do not live in Mumbai. The hostel allotted to these students is J S Hall Marine Drive opposite the Churchgate station. Students are charged INR 6000 to INR 8000 per year.
Ques. Does JBIMS provide scholarships?
Ans. Yes, JBIMS provide scholarship to meritorious students. Also, there are interest-free loans provided to the Economically Backward, Merit Oriented, Needy & Deserving MMS Students of the Institute.
Ques. What are the companies that visit JBIMS for final placement?
Ans. Some of the top companies that visit JBIMS for final placement are Accenture, Adani, Asian Paints, Axis Bank, Citibank, Cisco, HDFC Bank, McKinsey & Company, HCL, NPCL, etc.
Ques. What is the average work experience of JBIMS students?
Ans. The average work experience of JBIMS students is 17 months.
Ques. How was the sector-wise placement at JBIMS?
Ans. The data for the sector-wise placement in 2023 is mentioned in the table below:
Sectors | Placement Percentage |
---|---|
BFSI | 43% |
Consulting | 31% |
FMCG & Pharma | 13% |
Manufacturing & Conglomerate | 7% |
IT & E-Commerce | 6% |
Top Courses | 1st Year Fees | Total Fees | Eligibility | Ranking | Application Dates | Cutoff |
---|---|---|---|---|---|---|
M.Sc | ₹3 Lakhs | ₹6 Lakhs | Graduation | - | - | - |
HRD | ₹3.5 Lakhs | ₹7 Lakhs | Graduation | 10 out of 25 by OutlookView More | 7 July - 22 Jul 2024 | 99CMATCheck Details |
M.M.S (Finance) +3 More M.M.S Courses | ₹3 Lakhs | ₹9 Lakhs | Graduation | 10 out of 25 by OutlookView More | 23 Apr - 22 Jul 2024 | 99.99MAHCETCheck Details |
Ph.D | ₹17,680 | ₹48,390 | Post Graduation | 10 out of 25 by OutlookView More | - | - |
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For GEM, the CAT percentiles required to get an interview call from IIM Blackis, FMS, SP Jain, JBIMS, and MDI Gurgaon are
It’s important to know that these figures are based on trends and not on actual data so you will find exceptions everywhere. Moreover, it’s better you don’t waste time analyzing the CAT cutoff and start preparing for the same.
It is a close call between SPJIMR and JBIMS. NMIMS is not in the same league as these but it is a decent B-School and ranked among the top 30 in India. JBIMS has the highest rank. Indiatoday 2021 ranked the institute 12 for MBA.
JBIMS offers better ROI. Course fees for the institute are INR 6.05 Lakhs. While the average CTC for the institute is INR 27 LPA, according to JBIMS placements highlights of 2022. If you are interested in Finance, you should choose JBIMS.
If you are interested in Marketing and Ops, you should go for SP Jain.
Students at IIM-A are similar to those at SP Jain, NMIMS, FMS, and JBIMS. Aptitude and intelligence are roughly comparable. IIM-A students do not have to compete as hard for placements, so they are less concerned, whereas students from other colleges are constantly concerned about placements.
You'll notice that students from other colleges perform better in competitions than IIM-A because they are generally more hardworking during MBA because the struggle is greater for them. However, because of the brand name, IIM-A students receive far more exposure than students from any other college in India, which benefits students greatly in their personal development.
At IIM/FMS/JBIMS/SPJIMR/IIFT/XLRI, attendance is seen as a crucial aspect of the learning experience. Every effort must be made to be present in class and to participate actively in the discussions. In fact, class participation is considered to be such an important factor in determining grades that a significant portion of the total course weightage is allocated to it. This system is in place to encourage students to be engaged in the learning process and to ensure that they are taking full advantage of the educational opportunities available to them.
On the other hand, at IIT Kanpur, there is a more relaxed approach to attendance. While it is still advisable to attend classes and to be present for lectures, there is no strict requirement in place. This gives students more flexibility and allows them to choose when they want to attend classes based on their personal schedules or other commitments. It also means that engineering students are not penalized if they miss a class or two, as long as they are able to make up for it by participating in other ways, such as completing assignments or preparing for exams.
Overall, both B-schools and Engineering colleges have different approaches to attendance and class participation. While IIM Ahmedabad places a strong emphasis on being present in class and participating actively, IIT Kanpur takes a more relaxed approach. Ultimately, the choice between the two institutions will depend on the individual student's preferences and learning style.
As a candidate interested in pursuing an MBA from JBIMS, you should aim to score a 99.97 percentile or higher in the MH-CET examination. Currently, JBIMS does not conduct a GDPI, and admission is based on the Centralized Admission Process (CAP) round, organized by the DTE. The institute has a limited number of 120 seats.
JBIMS has a relatively low fee structure, yet it offers exceptional placement opportunities. During the 2022 placement drive, the median CTC was INR 26.48 LPA, and the highest salary offered was INR 42 LPA. This highlights the institute's excellent return on investment (ROI) for its students.
JBIMS is a top B-school with a big brand value, high-quality faculty members, a rich alumni network, and excellent placement opportunities. It's the perfect place to fulfill your dream of pursuing an MBA.
JBIMS is a top-ranked B-school in India, renowned for its excellent faculty, curriculum, and placement records. Offering MMS (MBA), M.Sc in Finance and part-time courses in Management, Finance, and HR, the institute's faculty is comprised of all Ph.D. holders. With a course fee of 2-3 LPA, students receive an average salary package of 18 LPA, with the highest CTC reaching 30 LPA. Admissions are based on scores in national or state level exams.
JBIMS has a strong placement record, with students receiving attractive CTCs from reputed companies in sectors like BFSI, FMCG, and Consulting. In the previous year's placements, all students who participated received an average salary of INR 20.13 LPA, with the highest salary package at INR 32.30 LPA. Top recruiters included Accenture, BCG, Airtel, Mahindra, McKinsey, Bajaj, Essar, Godrej, Goldman Sachs, ICICI Bank, Infosys, and Hindustan Unilever.
In summary, JBIMS offers a comprehensive education with a strong focus on practical, real-world application and prepares students for successful careers in the business world.
IIMs can be broadly categorized into two categories; the first comprising IIM ABC and the second comprising IIM KIL. The total fees will be around 16-18 Lakhs or a few lakhs more for these IIMs. As far as the average package is concerned for IIM ABC, it is around 19-20 Lakhs while for IIM KIL it is merely 2 lakhs less. The highest CTC is around 60-70 (International) for these IIMs.
Coming to JBIMS, we get to witness a much higher ROI. This is because the average package is almost similar to these IIMs while the fees are much less. Also, it is a Mecca for Finance enthusiasts. JBIMS has many notable alumni that carry its brand name proudly. Some of them include
So yes, the salary packages of certain IIMs might be slightly higher than that of JBIMS but considering the ROI factor that slightly differs doesn't really matter.
MDI Gurgaon’s PGP-IM Program is one of the most coveted Management courses of the institute. It has several features that distinguish it from other regular PGP courses offered at top B Schools. My brother opted for this course out of many and he listed the following reasons that compelled him to go for the program
It’s the above points that strongly assert the worth of the IM program at MDI Gurgaon. As it’s graduate you are not only an MDI alumnus but also an ESCP alumnus. You can use both brand names to your advantage. Choosing MDI is like investing for 2 years for a benefit of 30-35 years. So the brand name and alumni base definitely matter more than just a random IIM tag.
JBIMS Mumbai is better, especially for Finance specialization. It offers a better ROI compared to IIM Indore. The course fees are around INR 6.05 Lakhs. While the average CTC offered is around INR 27.63 LPA according to JBIMS placements 2022. EY, PwC, Deloitte, Accenture, etc. were some of the major recruiters that took part in the placement drive.
The institute has an excellent alumni base, the networking opportunities are ample.
No doubt all the institutes you mentioned are excellent in their respective standards and fields. But the primary element that should be stressed before choosing a college is what kind of MBA you are looking for. You should determine the specialization you are willing to go for, the kind of curriculum and crowd you are expecting, and various other factors.
You need to keep in mind that an MBA degree will pose just as a stepping stone to success and cannot guarantee your success. The ultimate determining factor is the level of knowledge you gain and how you perform throughout.
All the Institutes you mentioned are top-notch and are globally recognized knowledge hubs. You cannot make a choice just on the basis of your preference. You will have to work tremendously hard to make it into these esteemed institutes.